The current PE ratio for Myr Group stock as of May 3, 2024 is 27.73. This is calculated based on the TTM EPS of $5.19 and the stock price of $143.92 per share. The current PE ratio is about the same compared to the last four quarters average.
The average historical PE ratio of Myr Group for the last ten years is 20.29. The current P/E ratio of 27.73 is 37% higher than the historical average. Looking back at the last ten years, MYRG's PE ratio peaked in the Mar 2024 quarter at 34.06, when the price was $176.75 and the EPS was $5.19. The lowest point was in the Mar 2020 quarter, when it reached 10.82 with a price of $26.19 and an EPS of $2.42.
Maximum annual increase: 94.45% in 2016
Maximum annual decrease: -45.78% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 26.54 | 43.54% |
| 2022 | 18.49 | -15.53% |
| 2021 | 21.89 | 28.24% |
| 2020 | 17.07 | 18.87% |
| 2019 | 14.36 | -3.62% |
| 2018 | 14.9 | -45.78% |
| 2017 | 27.48 | -8.83% |
| 2016 | 30.14 | 94.45% |
| 2015 | 15.5 | -2.15% |
| 2014 | 15.84 | 4.21% |
MYRG's current PE ratio is higher than the 3, 5 and 10-year averages.
In comparison to its peers PWR and TTEK, MYRG's PE ratio is lower, but it is higher than DY's and PRIM's. Myr Group's PE ratio is trading below the peer average of 33.9.
| Stock name | PE ratio | Market cap |
|---|---|---|
| DY Dycom Industries Inc | 19.31 | $4.19B |
| PRIM Primoris Services Corp | 19.96 | $2.53B |
| MYRG Myr Group Inc | 27.73 | $2.41B |
| TTEK Tetra Tech Inc | 41.72 | $11.11B |
| PWR Quanta Services Inc | 48.55 | $37.52B |
| MTRX Matrix Service Co | N/A | $320.56M |
| MTZ Mastec Inc | N/A | $8.09B |
| ENG Englobal Corp | N/A | $8.62M |
MYRG's price to earnings ratio is 27.73 as of May 3, 2024.
Over the last 3 years, the average price to earnings ratio for MYRG stock is 22.53.
Over the last 5 years, the average price to earnings ratio for MYRG stock is 19.31.
Over the last ten years, the Mar 2024 quarter recorded the highest quarterly PE ratio at 34.06.
The current PE ratio of MYRG is 37% higher than the 10-year historical average.
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (May 3, 2024), Myr Group's share price is $143.92. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $5.19. Therefore, Myr Group's PE ratio for today is 27.73. PE RATIO(27.73) = STOCK PRICE($143.92) / TTM EPS($5.19)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.